While the interest in cryptocurrency is increasing, there are also a lot of different opinions about cryptocurrency. Although many people know about cryptocurrency, there are those who do not know about it. 

Currencies such as the Rupee, Dollar and Euro are issued by the respective governments and regulated by institutions such as the Reserve Bank. It can be a note or a currency. But, cryptocurrency cannot be seen with the naked eye. It will only be available digitally.

The currency of the respective country, such as the rupee, is valid only within that country. But cryptocurrency is valid across the world, across national borders. Bitcoin is one of the cryptocurrencies.

Organizations like the Reserve bank and SEBI control the rupee. But cryptocurrencies are wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital currency that is not regulated by the government and is not controlled by any organization such as the Reserve Bank. 

For transfer of money to another bank account through NEFT, RTGS for withdrawal of check and draft, an amount of commission is payable for all money transfers. But, there is no commission for exchanging cryptocurrency.

In particular, billions of people in india have invested in cryptocurrency. The biggest problem of 'bitcoin corruption' has erupted in the state of Karnataka. 

Srikrishna, a 25-year-old youth from Bangalore, was recently arrested by the Bangalore police in a drug case. When he was interrogated, it was revealed that he had been 'hacking' computers worldwide and stealing bitcoins.

There are also reports that politicians and police chiefs have benefited from the bitcoins stolen by srikrishna through hacking. The issue has caused a great deal of controversy in karnataka over the change of Chief Minister.

t is in this context that a consultative meeting on cryptocurrency was held last week under the chairmanship of prime minister Modi. The meeting was held with the intention that cryptocurrencies should not be allowed to be used for looting public money or terrorist activities.

There have been reports that attractive advertisements have been published claiming that investing in cryptocurrency will fetch many times the money and that strict legal action has been taken to regulate cryptocurrency.

Already, the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has issued a circular in 2018 banning cryptocurrency trading in India. Banks and other financial institutions were advised not to engage in cryptocurrency transactions. 

Once you start coming in, you must know the nuances and special features of cryptocurrency. 'We are the next bitcoin ...', 'India's bitcoin ...', 'Tamil Nadu's bitcoin ...' Many people bring coins. If you want to know that it is a scam, you need to have an understanding of Bitcoin. It is difficult to just invest and have fun, ”said arjun Vijay.

Technology comes first. Only then will the regulation and government approval come. The website is not yet fully licensed. They are just now bringing in regulatory rules for e-commerce. Similarly, cryptocurrency will come in the future. At present cryptocurrency has the highest risk. 

Lots of coins are more likely to go to zero. It will increase your investment tenfold. At the same time, it will go down to zero sizes. Fluctuations to that extent would be bad. You just have to be more discriminating with the help you render toward other people. "